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vice president -- >>> president obama's state of the union speech contained nearly 6,500 words. now, look at this word cloud of his speech. the more often he used a word, the bigger it appears. jobs is by far the most prominent. he said the job or jobs 47 times. the president wants to create more jobs. so do most americans. so how to do it. i spoke with a man uniquely positioned to know. larry summers has been one of the world's leading economists for 30 years. he has served as treasury secretary, president of harvard and director of the national economic council. welcome, larry summers. >> good to be with you, fareed. >> so, the president wants to create jobs. everyone tells him this is the number one priority that the administration should have. put very simply, why has it been so difficult so far? why are we so many years, almost five years into a recovery and the distinctive feature of it is just aren't those many jobs. >> fareed, this has been a unique, not unique, but unusual kind of downturn. it's a downturn that came because there was too much leverage. asset prices got
vice president -- >>> president obama's state of the union speech contained nearly 6,500 words. now, look at this word cloud of his speech. the more often he used a word, the bigger it appears. jobs is by far the most prominent. he said the job or jobs 47 times. the president wants to create more jobs. so do most americans. so how to do it. i spoke with a man uniquely positioned to know. larry summers has been one of the world's leading economists for 30 years. he has served as...
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first up, on tuesday in the state of the union, president obama challenged congress to vote on proposals to get weapons of war off our streets. but will it happen? can it happen? we'll talk to a world leader who made it happen in his nation. >>> then, larry summers on how to create jobs in america. the former treasury secretary on how the president can achieve the goals he laid out for the economy. >>> then, many worry that the world's second largest economy is headed for a crash. a rare inside look at the inner workings of the chinese economy. what's really happening there? >>> also, what in the world will get north korea to end its nuclear ambitions? i'll give you my plan. but, first, here's my take. president obama's state of the union address presented an expanded vision of smart government to create jobs and revive the economy. it had many important ideas in it. yet, he lowered his sights on the single policy that would both jump start the economy in the short term and create the conditions for long-term growth. infrastructure spending, having tried several times to propose infrastr
first up, on tuesday in the state of the union, president obama challenged congress to vote on proposals to get weapons of war off our streets. but will it happen? can it happen? we'll talk to a world leader who made it happen in his nation. >>> then, larry summers on how to create jobs in america. the former treasury secretary on how the president can achieve the goals he laid out for the economy. >>> then, many worry that the world's second largest economy is headed for a...
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. >>> president obama's state of the union speech, marco rubio's thirsty response and the showdown over cabinet nominee chuck hagel. i talked about all of it with democratic strategist robert zimmerman starting with the man who wants to be in charge at the pentagon. the showdown over chuck hagel's nomination, blocked by republicans until of presidents day break. very rare to filibuster a cabinet pick. i want to show you what john mccain said on fox. he said, there's a lot of ill will towards senator hagel because when he was a republican, he attacked president bush mercilessly and said he was the worst president since herbert hoover, said the surge was the worst blunder since the vietnam war. which is nonsense. antihis own party, people don't forget that. is this hagel fight about policy or is it about a political payback? >> this is all about politics. when you listen to that quote from john mccain and you watch the way he and his colleagues conducted themselves, they look like an infomercial for anger management therapy. it was truly nothing more than a grudge match. we have almost 70
. >>> president obama's state of the union speech, marco rubio's thirsty response and the showdown over cabinet nominee chuck hagel. i talked about all of it with democratic strategist robert zimmerman starting with the man who wants to be in charge at the pentagon. the showdown over chuck hagel's nomination, blocked by republicans until of presidents day break. very rare to filibuster a cabinet pick. i want to show you what john mccain said on fox. he said, there's a lot of ill will...
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. ♪ tum tum tum tum tums >>> president obama's state of the union speech, marco rubio's thirsty response and the showdown over cabinet nominee chuck hagel. i talked about all of it with democratic strategist robert zimmerman starting with the man who wants to be in charge at the pentagon. the showdown over chuck hagel's nomination, blocked by republicans until of presidents day break. very rare to filibuster a cabinet pick. i want to show you what john mccain said on fox. he said, there's a lot of ill will towards senator hagel because when he was a republican, he attacked president bush mercilessly and said he was the worst president since herbert hoover, said the surge was the worst blunder since the vietnam war. is this hagel fight about policy or is it about a political payback? >> this is all about politics. when you listen to that quote from john mccain and you watch the way he and his colleagues conducted himself, they look like an infomercial for anger management therapy. it was truly nothing more than a grudge match. we have almost 70,000 soldiers in combat in afghanistan repres
. ♪ tum tum tum tum tums >>> president obama's state of the union speech, marco rubio's thirsty response and the showdown over cabinet nominee chuck hagel. i talked about all of it with democratic strategist robert zimmerman starting with the man who wants to be in charge at the pentagon. the showdown over chuck hagel's nomination, blocked by republicans until of presidents day break. very rare to filibuster a cabinet pick. i want to show you what john mccain said on fox. he said,...
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he slammed the president's immigration plan, as you heard, gave the republican response to the state of the union and right now he's in the middle east visiting israel and jordan talking to leaders in both of those countries and president obama is scheduled to travel to israel next month. >>> we're hearing from jesse jackson jr.'s family as they speak in support of the former congressman just a day after details of his plea bargain were made public. jackson admitted to misusing campaign funds for personal expenses such as a $43,000 watch and fur coats, apparently. his brother talked about how jackson is handling these recent events. >> still under a strict regimen with the doctors and he's had todite wito deal with his health issues, as well as the legal issues. we ask that you continue to be mindful that he's not able to speak for himself. >> jesse jackson jr. stepped aside to deal with his health problems. he could be sentenced to as many as five years in prison. >>> let's go to los angeles now where some are showing support for cop killer christopher dorner. the group protested ou
he slammed the president's immigration plan, as you heard, gave the republican response to the state of the union and right now he's in the middle east visiting israel and jordan talking to leaders in both of those countries and president obama is scheduled to travel to israel next month. >>> we're hearing from jesse jackson jr.'s family as they speak in support of the former congressman just a day after details of his plea bargain were made public. jackson admitted to misusing...